Türkiye's YDA Group, the operator of the Dalaman International Airport, has signed an agreement with Spain-based Ferrovial, one of the world's leading infrastructure operators and municipal services companies, for 60 percent of its operating right until the end of 2042 for EUR 140 million. The agreement is expected to be finalized in H1 2022, following the completion of the required approvals.
In his statement on the agreement, YDA Group Chairman Hüseyin Arslan said the deal is of great significance for the Turkish economy and the entire aviation industry, and that this partnership between two globally renowned groups will further contribute to their success.
Commenting on the partnership, Ferrovial Airports CEO Luke Bugeja said, "This agreement offers us a unique opportunity to diversify our portfolio in a location that has become a rapidly growing destination in Türkiye for international tourism. YDA Group holds vast experience in building and operating infrastructure under the PPP model, which makes it an ideal partner for us in this project."
The Spanish Ferrovial Group also operates London's largest airport, Heathrow.